The Economic Implications of a Network SIR-Macro Model of Epidemics

Keven R.A. André (), Marcelo Arbex and Marcio V. Correa ()
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Keven R.A. André: CAEN - Graduate Studies in Economics, Federal University of Ceara, Brazil
Marcio V. Correa: CAEN - Graduate Studies in Economics, Federal University of Ceara, Brazil

No 2301, Working Papers from University of Windsor, Department of Economics

Abstract: We embed social networks in a conventional SIR-Macro framework. The network effect amplifies the negative effects of an epidemic. Greater connectedness at work has a stronger recessionary effect. The average degree in the network (disease transmission technology) can be interpreted as policies such as social distance and lockdowns (mandatory face masks/vaccines).

Keywords: Pandemic; Epidemiological model; Networks. (search for similar items in EconPapers)
JEL-codes: D85 I10 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2023-02
New Economics Papers: this item is included in nep-net
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Citations: View citations in EconPapers (1)

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http://web2.uwindsor.ca/economics/RePEc/wis/pdf/2301.pdf First version, 2023 (application/pdf)

Related works:
Journal Article: The economic implications of a network SIR-Macro model of epidemics (2023)
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